One Wall Street analyst is calling into question Google’s co-founder, Larry Page, and his health, due to the executive’s notable absence from the company shareholders’ meeting on Thursday.
Google Executive Chairman Eric Schmidt, who bequeathed his CEO title to Page in April 2011, told shareholders that the chief executive “lost his voice.” Schmidt further revealed Page would not attend the Google I/O developer conference next week or Google’s Q2 earnings call next month (as seen in the video above). Page will, however, maintain his post duties and continue an active role at Google while his voice recuperates over the next few weeks.
According to Canada.com, a Google representative explained that Page was “asked to rest.” No more information on the CEO’s mysterious voice condition is available at this time, but JP Morgan analyst Doug Anmuth debated Google’s excuse for Page in a note to investors today:
“We have no specific reason to think there is anything more to Larry’s condition, but we find it odd that the company would already rule him out of the 2Q call which is likely still a few weeks away. We think this could raise some questions among investors,” wrote Anmuth. “We note that Larry does not appear to have posted on Google+ since May 25.”
Many reports have correlated Page’s health to Apple CEO Steve Jobs’ battle with pancreatic cancer, which the Cupertino, Calif.-based Company often shied from disclosing.